Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: MEXC against BloFin−0.006%49s7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$200.199% of the position
Funding, last 7 days−0.383%−$38 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.006%, 7d avg +0.035%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and MEXC is 0.041% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.035%). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LIT-USDT | 4.6946 | 0.0340 | pay 0.0170% / 4h | 3h 56m | $1.5M | $1.9M | 75x |
| Short | MEXC LIT_USDT | 4.6943 | 0.0100 | get 0.0050% / 4h | 3h 56m | $5.6M | $3.8M | 100x |
BloFin LIT-USDT
MEXC LIT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$50.4
- Price spread: −0.006% → +0.035%
- −$4.15
- Slippage, 4 orders
- −$3.93
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$74.48
- Costs to cover
- 0.199%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 1 min ago; MEXC: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 1 min ago | 0.21 bp | 8.0 bp −$8 | 27.7 bp −$277 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.11 bp | 3.2 bp −$3 | 47.7 bp −$477 | 286.9 bp −$28.7K | doesn't fit |
LIT on 42 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado LIT-PERP | −0.0853% | 1h | 4.6955 | +0.019% | $2.2M | $1.7M | 10x | as long as short |
| Phemex LITUSDT | −0.0738% | 4h | 4.6970 | +0.051% | $1.3M | $2.8M | 20x | as long as short |
| Bybit LITUSDT | −0.0704% | 4h | 4.6954 | +0.017% | $41.1M | $28.9M | 75x | as long as short |
| Orderly PERP_LIT_USDC | −0.0391% | 4h | 4.6945 | −0.002% | $32K | $1K | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0378% | 1h | 4.6984 | +0.081% | $660K | $1.4M | 5x | as long as short |
| 01 Exchange LITUSD | −0.0360% | 1h | 4.6922 | −0.051% | $33K | $3K | 5x | as long as short |
| Gate LIT_USDT | −0.0344% | 4h | 4.6990 | +0.094% | $2.7M | $4.2M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0344% | 4h | 4.7047 | +0.216% | $905K | $1.7M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.6904 | −0.090% | $613K | $352K | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0248% | 1h | 4.6963 | +0.036% | $41K | $40K | 10x | as long as short |
Nado LIT-PERP
Phemex LITUSDT
Bybit LITUSDT
Orderly PERP_LIT_USDC
Backpack LIT_USDC_PERP
01 Exchange LITUSD
Gate LIT_USDT
GRVT LIT_USDT_Perp
Coinbase International LIT-PERP-INTX
Deribit LIT_USDC-PERPETUALShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet LIT-USD | −0.0204% | 1h | 4.6961 | +0.031% | $84K | $68K | 20x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7099 | +0.326% | $203K | $297K | 5x | as long as short |
| RISEx LIT/USDC | −0.0008% | 1h | 4.6988 | +0.089% | $784K | $2.1M | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0006% | 4h | 4.6958 | +0.026% | $25.3M | $61.1M | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7041 | +0.201% | $34K | — | 5x | as long as short |
| KuCoin LITUSDTM | +0.0002% | 4h | 4.6970 | +0.051% | $5.2M | $1.0M | 30x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7009 | +0.134% | $11K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.330% | $422 | $178K | 5.5x | as long as short |
| Aftermath Perps LITUSD | +0.0039% | 1h | 4.7073 | +0.271% | $10K | $204K | 10x | as long as short |
| Extended LIT-USD | +0.0040% | 1h | 4.6932 | −0.029% | $5.2M | $5.0M | 25x | as long as short |
| ApeX Omni LITUSDT | +0.0068% | 1h | 4.7050 | +0.222% | $56K | $76K | 50x | as long as short |
| Paradex LIT-USD-PERP | +0.0070% | 8h | 4.6923 | −0.049% | $6K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7018 | +0.153% | $58.6M | $27.9M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7038 | +0.196% | $210.0M | $42.2M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6989 | +0.092% | $574K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6944 | −0.005% | $75.2M | $79.4M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6986 | +0.085% | $117K | $452K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7058 | +0.239% | $120K | $4K | 10x | as long as short |
| MEXC LIT_USDTshort | +0.0100% | 4h | 4.6943 | −0.006% | $5.6M | $3.8M | 100x | |
| Bitget LITUSDT | +0.0100% | 4h | 4.7010 | +0.136% | $6.7M | $2.6M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7088 | +0.302% | $288K | $303K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.6966 | +0.043% | $439K | $109K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7010 | +0.135% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7019 | +0.155% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6959 | +0.028% | $1K | $387K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7103 | +0.334% | $199K | $360K | 30x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6968 | +0.048% | $147K | — | 3x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7014 | +0.145% | $31K | $759K | 33x | as long as short |
| Aster LITUSDT | +0.0235% | 4h | 4.7029 | +0.177% | $12.6M | $1.9M | 50x | as long as short |
| Lighter RH LIT | +0.0336% | 1h | 4.7045 | +0.211% | $3.8M | $13.0M | 5x | as long as short |
| BloFin LIT-USDTlong | +0.0340% | 4h | 4.6946 | long leg | $1.5M | $1.9M | 75x | |
| GMX LIT/USD [ETH-USDC] | L +0.0435% / S −0.0231% | 1h | 4.7009 | +0.135% | $65K | — | 50x | as long as short |
Bullet LIT-USD
Phoenix LIT
RISEx LIT/USDC
OKX LIT-USDT-SWAP
dYdX LIT-USD
KuCoin LITUSDTM
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Aftermath Perps LITUSD
Extended LIT-USD
ApeX Omni LITUSDT
Paradex LIT-USD-PERP
Lighter LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Aevo LIT-PERP
Perpl LIT
Aster LITUSDT
Lighter RH LIT
GMX LIT/USD [ETH-USDC]